ADVISORIES ARE AVAILABLE AT http://www.pancanal.com FOR ETAS OR DIRECT COMMUNICATION WITH OUR OFFICES, REFER TO NOTICE N-3-2020 Panama Canal Authority Vice Presidency for Operations Advisory to Shipping No. A-02-2022 February 1, 2022 TO : All Shipping Agents, Owners, and Operators SUBJECT: Seasonal Draft Adjustment for the Neopanamax Locks Based on the present and projected level of Gatun Lake for the upcoming weeks, the Panama Canal Authority (ACP) announces the first draft adjustment of the season. Effective March 1, 2022, the maximum authorized draft allowed for vessels transiting the Neopanamax locks will be 15.09 m (49.5 feet) TFW. Vessels arriving with drafts over 15.09 m (49.5 feet) TFW may be allowed to transit past March 1, 2022, depending on the actual level of Gatun Lake at the time of transit. Otherwise, they will be required to trim or off-load cargo in order to be allowed to transit. Draft reductions will be announced in 6 inch (15.24 cm) decrements, generally with at least four weeks advance notice. The ACP will continue to monitor the level of Gatun Lake in order to announce future draft adjustments in a timely manner. ORIGINAL SIGNED Marcia L. de Ortega Acting Vice President for Operations 3654-A (OP-I) V. 1/10/2020